# PPP loan: KINEMAGIC, LLC
> **$325K** approved 04/10/2020 · Paid in Full · Loan `1693547108`
## Borrower
- **Name:** KINEMAGIC, LLC
- **Address:** 111 Veterans Blvd Suite 1530, Metairie, LA, 70005-3320
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $13K
- **Health care:** $22K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*